Adelis Equity Partners

Valamis Learning Experience Platform is an award-winning solution developed in cooperation with our customers. Valamis enables formal, informal, social, and microlearning, content authoring and management tools. Valamis gives users an access to in-depth analytics in their learning process by supporting the xAPI standard and a built-in Learning Record Store (LRS). The platform offers organizations an economic way to upskill their workforce and manage learning and development globally.

Kanari is an independent provider of information technology performance solutions, specializing in monitoring, measuring, and analyzing IT performance across various sectors, including finance, manufacturing, retail, and energy. Established in 2011 and headquartered in Oslo, Norway, with additional offices in Sweden, Denmark, and Finland, Kanari enables large Nordic enterprises to gain control over their IT infrastructure and enhance the quality of their IT services. The company offers stability and performance analytics, application performance monitoring, and predictive analytics to prevent incidents and facilitate digital transformation. Kanari, formerly known as Red Ocean Technology AS until its rebranding in August 2020, serves as an "auditor" of IT environments, helping clients consolidate applications and automate tasks.

Axentia Technologies AB manufactures and supplies autonomous real time display systems for public transport. It offers iBus display provides real-time information services; iBus display accessories, such as text-to-speech, and digital timetable; iBus System Solution; and iBus Datasheets. The company was founded in 2004 and is based in Linköping, Sweden.

Ropo Capital a company buys its goods or services for its money, the company in addition to the company in addition to the whole society. Our job is to take care of billing companies as a whole. Our competitors handle only one aspect, such as payment controls. We handle everything. So far, our name has been the Trust Capital. Now, our range of services expands and we can automate the entire life cycle of the bill. We are stronger and more stable, but still as agile as before. Our client companies are small and the country's largest. Our new name is Ropo. We are changing the whole industry and creating a new time for billing. We are the first agile operating model for our customer companies. They help minimize manual work, speed up cash flow and improve customer experience. Our solutions include human-based services, skilled staff and efficient digitization of processes. We will help businesses and society remain vital in the future.

Didriksons AB, founded in 1913 in Borås, Sweden, originally specialized in workwear for fishermen and has since evolved into a leading brand in Scandinavia for rain and functional clothing. The company manufactures a wide range of garments, including sets, tops, bottoms, coveralls, and accessories for women, men, youth, and children. Didriksons caters to various customers, including outdoor enthusiasts such as hunters, golfers, and fishermen, providing them with high-quality, durable apparel. The company primarily sells its products through stores in Sweden, maintaining a strong presence in the functional wear market.

Hantverksdata Sverige AB develops and supplies software and services for construction and service sectors. It develops management software for electrical, plumbing, painting, and glass industry. It also provides industrial solution in the form of alarms, flooring, sheet and vent, cold, and lift. The company was founded in 1971 and is based in Danderyd, Sweden.

Søgemedier is a nationwide media agency, with offices in Aarhus and Copenhagen. They specialize in optimizing small and medium business marketing, so they get the most power out of their marketing budget. Their business advisers have an overview of what marketing channels, your business should take advantage of. Their advice is impartial - they get no commission from ad providers! They find the solution that is best for your business. They negotiate your contracts with external partners and ad providers, or provide a proposal for what their media house can offer you the online marketing.

Nordentic is at the leading edge in implementing new technologies and materials, and from its experienced team, the Company delivers the highest level of expertise across all different areas of dental prosthetics.

AddPro offers application and cloud integration services. AddPro is a fast growing knowledge-based company that builds digital highways and develop smart, flexible and cost-effective IT systems.

Knightec provides technology and management consultants, looking for innovations that simplify and improve everyday life.

Quattro Mikenti Group offers HVACE as well as sprinkler installation services in Finland and Russia. The group consists of 13 specialized subsidiaries and is one of the largest technical building services contractors in Finland. The group employs over 450 technical building services specialists.

The combination of IT Relation, Front-data and DSI-NEXT, we have made four investments and three add-on acquisitions in Denmark since establishing Adelis less than three years ago. We are impressed by the three companies’ niche focus on small businesses, their consistent growth, and their strong cultures that make them leaders in this industry,” said Steffen Thomsen of Adelis. “This acquisition creates a strong platform for growth. We have experience with similar companies where we have focused on finding the best platform in terms of a scalable business model combined with a strong company culture and a skilled management team,” Joel Russ of Adelis added. ###The three businesses will continue activities under their own brands as part of the IT Relation Front-data Group### and have access to capital and knowledge that will make it possible to accelerate their positive business development.

SSI Diagnostica A/S, founded in 1998 and based in Hillerød, Denmark, specializes in the development, production, and sale of in vitro diagnostic products. The company serves various sectors, including clinical microbiology, veterinary diagnostics, food safety, and environmental and hygiene control, catering to both domestic and international markets. SSI Diagnostica's product offerings include antisera and culture media, manufactured at its own facility, as well as blood products sourced from its own farm. The company was formerly part of Statens Serum Institut, a public entity under the Danish Ministry of Health, and has established a global presence in the diagnostic industry.

We are a Swedish company founded in 1967 and was the first in Sweden with the idea to offer brand-independent solutions to the real estate market. This pioneering spirit, we are building ever further on with the help of our expertise and curious people.

Puuilo Oy is a Finnish discount retailer that operates a chain of stores offering a diverse range of products. Founded in 1982 and headquartered in Kajaani, the company specializes in non-food items, including tools, machinery, household goods, gardening supplies, pet food, and various seasonal products. Puuilo caters to customers looking for affordable options for do-it-yourself projects and home renovations, as well as leisure and car accessories. With its focus on providing a wide selection of practical items at competitive prices, Puuilo has established itself as a notable player in the retail sector.

INTERSPORT Sverige AB owns and operates sports apparel and equipment stores. The company was founded in 1974 and is headquartered in Taberg, Sweden.

Med Group Oy is a healthcare company based in Vantaa, Finland, specializing in a wide range of services including ambulance, medical, oral healthcare, and home care. The company provides emergency ambulance services, responding to medical emergencies and facilitating non-emergency patient transfers. It offers comprehensive medical services across various sectors, including basic health care, school health services, maternity clinics, child health care, and elderly care. Additionally, Med Group provides personal assistant services, patient transport both domestically and internationally, and medical assistance for travelers, which encompasses consultations, treatment monitoring, and return transportation arrangements if necessary. The company also engages in public sector medical training, offers around-the-clock consultation and assistance, and supplies medical kits for first aid. Serving a diverse clientele that ranges from children to seniors, Med Group is committed to delivering essential healthcare services throughout Finland. Founded in 2007, the company has established a robust presence in the Finnish healthcare landscape.

NGI A/S manufactures a range of machine feet in stainless steel and reinforced polyamide for adjustment, stabilization, and vibration absorption of all types of machines and equipment.

Logent AB is a logistics service provider based in Stockholm, Sweden, with an additional office in Lillestrøm, Norway. Founded in 2006, the company offers a wide range of services, including logistics operations, transport management, customs services, and staffing solutions. Logent specializes in staffing for warehousing, distribution, and industrial sectors, as well as recruitment of executives and specialists in supply chain management and logistics. The company also provides expertise in warehousing and distribution through both outsourcing and insourcing, alongside consultancy services and port and terminal development. With a focus on flexibility and sustainability, Logent caters to diverse logistics needs while ensuring effective management and operational efficiency.